Michigan § 500.545 - Contract of licensee with nonaffiliated third party; effect of agreement entered before or on July 1, 2000.
Full text of Michigan Michigan Compiled Laws § 500.545 — Contract of licensee with nonaffiliated third party; effect of agreement entered before or on July 1, 2000., with citation guidance and answers to common questions.
§ 500.545. Contract of licensee with nonaffiliated third party; effect of agreement entered before or on July 1, 2000.
Until July 1, 2002, a contract that a licensee has entered into with a nonaffiliated third party to perform services for the licensee or functions on the licensee's behalf satisfies the provisions of section 535(1)(b), even if the contract does not include a requirement that the third party maintain the confidentiality of nonpublic personal financial information, as long as the licensee entered into the agreement on or before July 1, 2000.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 500.545
What does Michigan Compiled Laws § 500.545 cover?
Section 500.545 ("Contract of licensee with nonaffiliated third party; effect of agreement entered before or on July 1, 2000.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 500.545?
A common citation format is "Michigan Compiled Laws § 500.545" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 500.545 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.